Following the 2008 Wall Street meltdown and ensuing great recession, Congress imposed a broad array of new rules and regulations on banking. Many of those rules are still filtering down to the local level. Rob Stephenson, President of First Dakota National Bank in Yankton says they are still waiting…
[audio:http://prprt.itmwpb.com/wp-content/uploads/sites/688/2012/03/Rob-Stephenson-313a.mp3|titles=Rob Stephenson 313a]Stephenson says they are still optimistic that community banks won’t get the heavy hand…
[audio:http://prprt.itmwpb.com/wp-content/uploads/sites/688/2012/03/Rob-Stephenson-313b.mp3|titles=Rob Stephenson 313b]Stephenson says the bottom line is that customers will see fewer free or low cost services from their banks…
[audio:http://prprt.itmwpb.com/wp-content/uploads/sites/688/2012/03/Rob-Stephenson-313c.mp3|titles=Rob Stephenson 313c](courtesy WNAX Yankton)